Thursday, 5 October 2023

“Global Economic Outlook #1: 2023 Marks the Inception of AI-Generated Artificial Intelligence – US and China Compete to Lead the ‘Technological Singularity’ Race | TVBS World Insight | TVBS News | 20230812 @TVBSNEWS01”

Did you catch up with the AI trend? In early 2023, ChatGPT ignited the boom of Artificial Intelligence Generated Content (AIGC). Not only did the stocks of tech companies skyrocket, but many industries including finance, insurance, and media also jumped on the AI bandwagon. However, the excessive development of artificial intelligence could potentially destroy the future of humanity. In order to avoid jeopardizing human existence, the European Parliament took the lead in passing an AI regulation draft, which sparked opposition from the tech industry. How can we strike a balance between innovation and regulation? Will AI concept stocks become a bubble overnight? TVBS World host Peng Zhiyu and Deputy Director of the Institute of Technology Policy & Evaluation at the Chung-Hua Institution for Economic Research, Dai Zhiyan, will enlighten you with their insights.

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Editor Notes: A Promising Era for AI and Conversational Technologies

As AI continues to revolutionize various industries, the rise of ChatGPT and AIGC signifies an exciting era for artificial intelligence. The potential applications of this technology are vast, promising significant advancements in fields such as finance, insurance, and media. However, as with any rapidly evolving technology, concerns about the ethical and regulatory implications of AI are paramount.

The European Parliament’s proactive approach in passing AI regulatory measures highlights the need to ensure that AI development aligns with human well-being and doesn’t pose a threat to our future. While some in the tech industry may resist these regulations, finding the right balance between innovation and control is essential.

It’s important to remember that AI concept stocks, like any investment, come with their risks. As the AI market heats up, it’s crucial for investors to conduct thorough research and exercise caution to avoid potential bubbles. Understanding the long-term viability and practical applications of AI technology is key when considering investments in this space.

At TVBS, we are committed to delivering accurate news and insightful analysis to help you navigate the rapidly evolving AI landscape. Stay tuned for more updates on AI advancements, industry trends, and regulatory developments.

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